Discontinued Operations (Tables)

9 Months Ended

Jul. 31, 2024

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations

The following table presents the major components of financial results of our Software Integrity business for the periods presented:

	Three Months Ended   July 31,				Nine Months Ended   July 31,
	2024		2023		2024		2023
	(in thousands)
Revenue	$	127,917	$	132,898	$	392,579	$	392,860
Cost of revenue	40,279		47,050		136,010		145,188
Operating expenses	91,854		90,450		262,745		258,008
Interest and other income (expense), net	605		324		1,601		722
Income (loss) from discontinued operations before income taxes	(3,611)		(4,278)		(4,575)		(9,614)
Income tax provisions (benefits)	14,202		(4,822)		8,580		(9,318)
Income (loss) from discontinued operations, net of income taxes	$	(17,813)	$	544	$	(13,155)	$	(296)

The following table represents the aggregated carrying amounts of classes of assets and liabilities that are classified as discontinued operations on the condensed consolidated balance sheets for the periods presented:

	July 31, 2024
	(in thousands)
Assets:
Cash and cash equivalents	$	17,441
Accounts receivable, net	78,930
Prepaid and other assets	48,550
Property and equipment, net	6,373
Operating lease right-of use assets, net	6,646
Goodwill	724,294
Intangible assets, net	119,141
Deferred income taxes	26,327
Total current assets held for sale	$	1,027,702
Liabilities:
Accounts payable and accrued liabilities	$	91,874
Operating lease liabilities	5,626
Deferred revenue	233,794
Total current liabilities held for sale	$	331,294

	October 31, 2023
	(in thousands)
Assets:
Cash and cash equivalents	$	4,947
Accounts receivable, net	90,307
Prepaid and other current assets	19,400
Total current assets held for sale	$	114,654
Property and equipment, net	$	7,424
Operating lease right-of use assets, net	8,906
Goodwill	724,271
Intangible assets, net	134,617
Deferred income taxes	7,388
Other long-term assets	26,153
Total long-term assets held for sale	$	908,759
Liabilities:
Accounts payable and accrued liabilities	$	63,847
Operating lease liabilities	5,858
Deferred revenue	216,539
Total current liabilities held for sale	$	286,244
Long-term operating lease liabilities	$	4,349
Long-term deferred revenue	24,301
Other long-term liabilities	4,607
Total long-term liabilities held for sale	$	33,257

The following table presents significant non-cash items and capital expenditures of discontinued operations for the periods presented:

	Nine Months Ended July 31,
	2024		2023
	(in thousands)
Amortization and depreciation	$	16,317	$	37,495
Reduction of operating lease right-of-use assets	$	2,162	$	3,481
Amortization of capitalized costs to obtain revenue contracts	$	20,808	$	21,398
Stock-based compensation	$	47,476	$	37,495
Deferred income taxes	$	18,939	$	7,388
Purchases of property and equipment	$	972	$	2,351